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Rajya Sabha
A non-lapsable ‘Special Railway Safety Fund’ (SRSF) of Rs. 17000/- crore has been set up w.e.f. 01.10.2001 to wipe out the arrears in renewal/replacement of over-aged assets such as track, bridges, rolling stock, signaling gears and some safety enhancement works, within a fixed time frame of six years from 2001-02 to 2006-07. An expenditure of Rs. 10182.12 crore has been made from this fund till 31.03.2005. For the year 2005-06, an allocation of Rs.3522 crore has been made. The balance amount from this fund is to be utilized during the year 2006-2007.
The year-wise allocation and expenditure (Net) from SRSF is as follows:-
(Rs. in crore)
Year
Allocation
Expenditure (Net)
2001-02
1400 (Revised Estimate)
1434.28
2002-03
2310 (Revised Estimate)
2486.31
2003-04
2350.66 (Revised Estimate)
2583.77
2004-05(Provisional)
3645 (Revised Estimate)
3677.80
2005-06
3522 (Budget Estimate)
248.88
(Up to May’05)
A total of Rs. 10431.04 crore (provisional) has been utilized from SRSF since its creation till May, 2005.
This information was given by the Minister of State for Railways, Shri R.Velu in written reply to a question by Shri Lalitbhai Mehta in Rajya Sabha today.
BSC/HK/TR
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